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The differences between real estate management specialists and leasing agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a real estate management specialist and a leasing agent. Additionally, a real estate management specialist has an average salary of $93,166, which is higher than the $33,660 average annual salary of a leasing agent.
The top three skills for a real estate management specialist include customer service, customer satisfaction and residential real estate. The most important skills for a leasing agent are customer service, property management, and yardi.
| Real Estate Management Specialist | Leasing Agent | |
| Yearly salary | $93,166 | $33,660 |
| Hourly rate | $44.79 | $16.18 |
| Growth rate | 3% | 3% |
| Number of jobs | 74,675 | 32,462 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 45% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A real estate management specialist is in charge of developing strategies to optimize real estate operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around overseeing the real estate operations, supervising staff, devising strategies to reach out to potential tenants, and liaising with contractors and other external parties. They may also participate in conducting risk assessments, evaluating lease applications, performing inspections, and producing progress reports and presentations. Furthermore, as a real estate management specialist, it is essential to coordinate with teams and implement the company's policies and regulations.
A leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms. Moreover, a leasing agent also acts as the landlord because they serve as the tenants' point of contact regarding issues and concerns, conduct property inspections, and manage the properties' maintenance operations, coordinating with the owners regularly.
Real estate management specialists and leasing agents have different pay scales, as shown below.
| Real Estate Management Specialist | Leasing Agent | |
| Average salary | $93,166 | $33,660 |
| Salary range | Between $66,000 And $130,000 | Between $27,000 And $41,000 |
| Highest paying City | Baltimore, MD | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | CFM International | |
| Best paying industry | Finance | Retail |
There are a few differences between a real estate management specialist and a leasing agent in terms of educational background:
| Real Estate Management Specialist | Leasing Agent | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between real estate management specialists' and leasing agents' demographics:
| Real Estate Management Specialist | Leasing Agent | |
| Average age | 48 | 48 |
| Gender ratio | Male, 46.2% Female, 53.8% | Male, 25.4% Female, 74.6% |
| Race ratio | Black or African American, 8.8% Unknown, 4.1% Hispanic or Latino, 17.1% Asian, 5.3% White, 64.0% American Indian and Alaska Native, 0.6% | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |